Company ships Plant and Building steel and related infrastructure. Ares has been securing land and buildings to house expanded processing operation. Equipment to ship directly to new site. Steel structures and equipment will be integrated with Ares' Lumps Plant. Ares' partners will accompany the steel and equipment to site to assist with installation. Vancouver, May 17th, 2022 - Ares Strategic Mining Inc. , is pleased to [...]
Ares Strategic Mining Inc. is very pleased to announce that after the Company's submission to the Private Activity Bond Program, established by Utah State to support new manufacturing enterprises, the Company was granted the maximum manufacturing bond allocation available through the program. The Private Activity Bond Program is Utah's tax-exempt bonding authority creating a lower cost, long-term source of capital under [...]
Ares Strategic Mining Inc. is pleased to provide excerpts from a White House Press Office Release on Feb 22, 2022, regarding the Biden Administration's commitment towards Securing a Made in America Supply Chain for Critical Minerals, and how this potentially applies to Ares' fluorspar mine in Utah. Why This Is Important to Ares Fluorspar is classified as a critical mineral by U.S. Homeland Security because 100% of global [...]
Ares Strategic Mining Inc. is pleased to announce that the Company's metallurgical lumps plant has arrived at is industrial site in Delta. The plant is a large 3-storey facility, which will be the only one of its kind in North America. The plant was shipped from Asia and was routed through Long Beach. Ares' strategic partner in Asia, the Mujim Group, has committed to provide labor and expertise for the installation and [...]
Ares Strategic Mining Inc. , has granted stock options to certain directors, officers, employees, and consultants of the Company to purchase up to 6,200,000 common shares in the capital of the Company pursuant to the Company's stock option plan. All the options are exercisable for a period of five years at an exercise price of $0.46 per share. All securities issued in connection with the Offering will be subject to a [...]
Ares Strategic Mining Inc. , is pleased to announce the Company has received additional cash proceeds of $936,650 from the exercise of 5,445,667 warrants priced at $0.15 to exercise, and 748,750 warrants priced at $0.16 to exercise. The final expiry date of the warrants as issued during the Company's February 2020 financing, is February 13th, 2022. The incoming finances will be used towards equipment purchases and plant [...]
Ares Strategic Mining Inc. is pleased to announce that the Ares geological team has completed a generative drill target program to provide the Company with multiple exploration targets for testing in the coming years. The program is the first phase of a multi-year development plan that will run concurrently with the anticipated mining operation, and which is designed to identify the sites for its subsequent operations [...]
Ares Strategic Mining Inc. is pleased to announce that the fabrication of its recently ordered steel has been completed and the Company has taken possession. The Company has now begun arranging to ship the steel to the United States, where it will be integrated with its recently shipped lumps plant in the Company's production construction project. The steel structure will provide a 3-storey structure, which will house the [...]
Ares Strategic Mining Inc. is pleased to announce that it has received all deliverables from a Laser Imaging, Detection and Ranging survey flown in October 2021 over its 100% owned Liard Fluorspar Project located in BrC. The Company has now received and processed all received data into 3D models of the property, which can be used for project planning, prospect targeting, and future construction modelling. Ares has [...]
Ares Strategic Mining Inc. is pleased to announce that the Company has acquired exclusive right and access to develop the Campbell-Croster project, an already large historically delineated fluorspar project in Kentucky. The Company has been examining fluorspar prospects throughout the United States to expand its long-term operation and production potential within the country. The Campbell-Croster Kentucky fluorspar [...]
Ares Strategic Mining Inc. is pleased to announce that the Company has arranged for the payment, in full of a royalty retained by the sellers of the Company's Lost Sheep property located in the Spor Mountain area, Utah, closed its non-brokered private placement for gross aggregate proceeds of approximately $666,852, and cancelled an aggregate of 6,200,000 stock options of the Company. Royalty Payment The Company announces [...]
The plant will be the first of its kind in North America. Once operational the plant will produce the only domestic supply of fluorspar in the US. Breakthrough technology with bench testing completed. Plant tests have demonstrated high grade and high recovery results. Plant optimization expertise supplied by international fluorspar producers. Product predominantly anticipated to fuel the steel industries. Large interest [...]
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